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    Essentials of Economics Study Set 4
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    Exam 16: Theory and Reality
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    The Business Cycle Is Defined As
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The Business Cycle Is Defined As

Question 95

Question 95

Multiple Choice

The business cycle is defined as:


A) Alternating periods of economic growth and contraction.
B) Changing wages and prices.
C) An effort to reach full employment.
D) The growth of real GDP.

Correct Answer:

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